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20100930
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to -- i thk i used that word a lot, but what's happening to the housing economy, which is one of the key issues that added reo the depth and duration of the great depression, and certainly a major headwind for the u.s. economy right now. >>> peter, you ask a lot of people about what's the thing that will turn th economy ound. lots of people talk about jobs. you're a regular on this show. you say soming, 'ssomething, a it's often we to look at this trade deficit. >> this week we got numbers that were surprisably better than what we akght. what's your take on that? >> a lotf thaton was aviation sales,oeing essentially, and they go right back down next month. imports are falling off not because companies are becoming more competitive, but because americans are spending less. it's another leading indicator that the third quarter could be pretty poor in terms of economic growth and even turn negative, though none of us are quite forecasting that yet. is president obama going to be forced to embrace republican economic policies if they control the house and the senate? >> some say clinton did
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